There are multiple repayment strategies for owning your home outright sooner. The best option depends on how much extra you’re willing to put toward the loan and how quickly you want to pay off your ...

High mortgage rates are a reality for homebuyers, but there are ways to ease the pinch. One is a repayment strategy called biweekly mortgage payments. With a small additional investment up front and ...

When you buy a home with a mortgage, your payments are due monthly by default. In an effort to pay off their mortgages faster and pay less in interest over the loan’s lifetime, some homeowners choose ...

When you make biweekly mortgage payments, you pay your loan every two weeks rather than once a month. This translates to 26 half-payments, or the equivalent of 13 full monthly payments per year.

You might have heard about this idea before. Assume you borrow $150,000 at 4 percent for a 30 year period. Your monthly mortgage payment comes out to be $716. However, instead of making the regular ...

When you buy a home with a mortgage, your payments are due monthly by default. In an effort to pay off their mortgages faster and pay less in interest over the loan’s lifetime, some homeowners choose ...